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The filed complaint alleges that FTI Consulting, Inc. made materially false and/or misleading statements and/or failed to disclose that: FTI issued a press release on April 24, 2025, reporting its financial results for the first quarter of 2025. Among other items, FTI reported revenue of $898.3 million, representing a year-over-year decline of 3.3% and missing consensus estimates by $8.38 million. FTI also reported net income of $61.8 million, compared to $80 million for the same period in the prior year. The Company attributed the decrease "primarily . . . to lower revenues and a $25.3 million special charge related to severance and other employee-related costs[.]" Following this news, FTI's stock price fell over 3% on the same day.
In order to be eligible to join the FCN class action lawsuit, you must have incurred a loss on shares of FTI Consulting, Inc. purchased during the class period listed above.
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